MapsPeople Q1 Financial Report 2023
MapsPeople A/S | Inside information Company Announcement No. 17-2023 Aalborg, May 25, 2023MapsPeople announces 16% growth in ARR during Q1 Q1 -2023 Performance Highlights: · ARR increased tDKK 5,295 in Q1 2023 to tDKK 38.913 (16% QoQ growth) · ARR increased tDKK 9,309 from Q1 2022 to Q1 2023 (31% YoY growth) · MapsIndoors accounted for 70% of the growth in Q1-2023, Other Licenses delivered 30% of the growth in Q1 2023 · EBITDA amounted to negative tDKK 16,650 in Q1 2023 compared to negative tDKK 10,236 in Q1 2022 Outlook Guidance 2023 (Unchanged from earlier